Our Members News

February 03, 2023

Sri Lanka Golf, HSBC partner again for Future Lions Grassroots programme

The HSBC Future Lions Golf grassroots programme, conducted for the second time in a partnership between Sri Lanka Golf (SLG) and HSBC, will be held from February 24 to April 9.

February 03, 2023

SLT, Singer, Kelani Valley Plantations and Hayleys win Gold at SAFA Awards in Nepal

Four Sri Lankan companies including leading conglomerates clinched the Gold awards at the prestigious SAFA Best Presented Annual Report Awards 2021, organised by the South Asian Federation of Accountants (SAFA) which was held in Kathmandu, Nepal in the presence of SAFA outgoing President Hennayake Bandara, SAFA Improvement in Transparency, Accountability and Governance Committee Chairperson and CA Sri Lanka Council Member Anoji de Silva.

February 01, 2023

SHMA facilitates Nestlé Lanka’s drive to upskill hospitality professionals in the country

The Swiss Hotel Management Academy (SHMA) of A. Baur & Co. Ltd. recently partnered with Nestlé Lanka PLC as part of its private sector synergies aimed at upskilling young and rising talent in the sector.

February 01, 2023

HNB partners with Pay&Go to enable card acceptance solutions for SMEs

Further strengthening the partnership with MegaPay (Pvt) Ltd, one of Sri Lanka’s largest private sector banks, HNB PLC partnered with Pay&Go, a leading digital payment solution provider, to introduce an accessible and affordable card payment acceptance solution for Small and Medium Enterprises (SMEs) in Sri Lanka.

February 01, 2023

JKH excels in top line in 3Q; high interest costs impact PBT

Diversified blue chip John Keells Holdings (JKH) yesterday reported impressive growth in revenue and operating profit for the third quarter but profit before tax (PBT) was impacted by much higher interest costs in comparison to a year earlier.

January 30, 2023

Cargills Bank launches remittance promotion

Cargills Bank has partnered with Cargills Food City to provide a 5% discount on customers’ total bills, when they withdraw remittances at any Cargills Food City outlet, islandwide to support customers receiving inward remittances.

January 30, 2023

DFCC Bank and Citizens Development Business Finance PLC (CDB) Enter into Strategic Partnership to Expand Inward Remittance Services

DFCC Bank PLC, one of Sri Lanka’s most trusted banks and a leader in inward remittances, has partnered with Citizens Development Business Finance PLC (CDB) one of the top four largest non-banking financial institutions (NBFIs) in Sri Lanka, to promote convenient access to inward remittances.

January 24, 2023

4 Lankan firms at world’s largest consumer goods show Ambiente 2023

Four Sri Lankan companies will be participating at the world’s largest consumer goods show, Ambiente, at Frankfurt Messe from 3 to 7 February in Frankfurt Germany.

January 23, 2023

Advantis Projects delivers large Tunnel Boring Machines

Advantis Projects, a company dealing in project logistics and heavy cargo transportation, and a subsidiary of Hayleys Advantis Limited, is moving ahead with the delivery of two of the largest Tunnel Boring Machines (TBM) ever to be deployed in the island.

January 22, 2023

ComBank partners NSF to enhance STEM education

The Commercial Bank of Ceylon has entered into a partnership with the National Science Foundation (NSF) to further enhance the Bank’s science, technology, engineering, and mathematics (STEM) education projects and the delivery of STEM education to selected underperforming schools.

January 20, 2023

Innovation meets sustainability at Hayleys Fabric’s ‘Nature’ Forum

Sri Lanka’s largest textile manufacturer, Hayleys Fabric, hosted its inaugural Sustainability Forum ‘Nature’, showcasing a new generation of home-grown innovations with the potential to enable greater circularity in fashion globally.

January 18, 2023

CIC Group’s Link Natural revives ancient beauty secrets through modern science

CIC Holdings’ subsidiary Link Natural is reviving ancient beauty secrets through modern science with launch of a range of natural beauty care under the brand “Earth Essence”.

January 15, 2023

Ceylon Biscuits Ghana operation going strong

Ceylon Biscuit Ltd, owners of the famous Munchee brand have established a strong foothold in Ghana and are exporting to neighbouring countries, top officials said.

January 13, 2023

Nestlé Lanka receives carbon footprint verification for upstream coconut value chain

Certification from Sri Lanka Climate Fund to help Nestlé in its journey of achieving net zero emissions by 2050

January 09, 2023

NDB Bank provides enhanced support for Ocean Odyssey passengers at Colombo Port

The luxury cruise liner Ocean Odyssey docked at Colombo Port recently. On board were said to be 108 American tourists.

January 09, 2023

Singhagiri and EWIS partner to break boundaries with first Lankan-manufactured TV

Singhagiri (Pvt) Ltd together with Sri Lanka’s first-ever Original Device/Equipment Manufacturer, EWIS Colombo Limited (ECL) launched SGL Android Smart TV at JAIC Hilton recently.

January 08, 2023

HNB strikes Gold and Silver at SLIM DIGIS 2.2

HNB PLC won the Gold Award for Best Search Engine Optimisation/Search Engine Marketing and the Silver for the Best Use of Experiential Digital Marketing at the SLIM DIGIs 2.2 Awards.

January 08, 2023

Hayleys Group honoured for export innovation and nation-mindedness

The Hayleys Group received top honours at the National Chamber of Exports Awards, with its export manufacturing, agriculture, tea export, and transportation and logistics sectors honoured for their resilience and significant contributions to the nation amid the unique challenges faced over the past year.

January 08, 2023

DFCC Bank among Women-Friendly Workplaces

DFCC Bank was recognised as “One of Sri Lanka’s Most Outstanding Women-Friendly Workplaces, by CIMA, together with women’s magazine, ‘Satyn’ recently.

January 02, 2023

ComBank wins Green Building Award for Trincomalee branch building

The Trincomalee branch of the Commercial Bank of Ceylon was recently awarded a Gold rating under the Green Building awards presented by the Green Building Council of Sri Lanka (GBCSL) for the building’s eco-friendly features.

Hayleys Fentons wins B2B Brand of the Year Bronze at SLIM Brand Excellence Awards

Hayleys Fentons recently marked a milestone achievement in the company’s history by winning the Bronze Award in the B2B Brand of the Year Category at the recently-concluded SLIM Brand Excellence Awards.

USAID, Keells Supermarkets, and HNB partner for $ 4 m boost to food sector MSMEs

The United States Agency for International Development (USAID) said yesterday it is coordinating with Keells Supermarkets and Hatton National Bank (HNB) on an innovative supply chain financing facility that supports micro, small, and medium-sized enterprises (MSMEs) in the food sector to access capital.

SDF signs MOU with Hayleys Agriculture to empower rural community

Sarvodaya Development Finance (SDF), the first development finance company in Sri Lanka, recently signed a Memorandum of Understanding (MOU) with Hayleys Agriculture Holdings Limited (HAHL).

ComBank places Sri Lanka on global map at UN Climate Change Conference

The Commercial Bank of Ceylon recently had the distinction of being featured to a global audience as one of 25 banks around the world that are working to promote environment-consciousness among their customers.

DIMO and BOSCH celebrate six decades of successful partnership

DIMO Diesel Lab has further strengthened its long-standing collaboration with BOSCH through cementing its strong position as the ‘Certified BOSCH Diesel Service Workshop’ in Sri Lanka.

Baurs partners with Swiss govt. to uplift hospitality education and bridge skills gap in SL

With the view of uplifting the hospitality education sector in Sri Lanka, the Swiss Hospitality & Management Academy (SHMA) of A. Baur & Co. Pvt Ltd. also known as Baurs, a leading conglomerate with diversified business interests, recently established a private and public sector partnership with the Swiss Agency for Development and Cooperation (SDC).

NDB supports entrepreneur to win Bronze at Presidential Awards

As one of Sri Lanka’s leading banks, NDB remains committed to long-term socio-economic development through involvement in local businesses and reinvesting in the empowerment of the community.

Hatton National Bank strikes Gold and Silver at SLIM DIGIs 2.2

HNB PLC recently took home the Gold Award for Best Search Engine Optimisation/Search Engine Marketing and the Silver for the Best Use of Experiential Digital Marketing at the SLIM DIGIs 2.2 Awards.

DIMO renews official partnership with Bosch

DIMO Diesel Lab has further strengthened its long-standing collaboration with Bosch through cementing its strong position as the Certified Bosch Diesel Service Workshop in Sri Lanka.

Deutsche Bank moves local office to One Galle Face Tower

Deutsche Bank AG has moved its Sri Lankan office to One Galle Face Tower (OGFT) marking a historic step in the bank’s journey in Sri Lanka.

Standard Chartered CEO appointed SLBA Chairperson

Standard Chartered Sri Lanka Chief Executive Officer Bingumal Thewarathanthri was elected as the Chairperson of the Sri Lanka Banks’ Association (SLBA) with immediate effect, at a recently concluded meeting of the SLBA Board of Directors.

ComBank wins Oscar-equivalent ‘Bank of the Year’ award from ‘The Banker’- UK

The Commercial Bank of Ceylon has been crowned Sri Lanka’s ‘Bank of the Year’ by the respected ‘The Banker’ magazine of the UK, the Oscar equivalent of the banking fraternity.

HNB conducts capacity building workshops to boost financial literacy of SMEs

Celebrating a key milestone in its journey in supporting Small and Medium Enterprises, HNB PLC completed another round of capacity building workshops in partnership with PPOD Consultancies, a premium capacity building and consultancy firm in the country.

Advantis Projects speeds ahead with the delivery of Sri Lanka’s largest tunnel boring machines

Sri Lanka’s undisputed leader in project logistics and heavy cargo transportation, Advantis Projects, a subsidiary of Hayleys Advantis, is swiftly moving ahead with the delivery of two of the largest Tunnel Boring Machines (TBM) ever to be deployed in the island.

ComBank’s latest webinar explores opportunities in the export market

The Commercial Bank of Ceylon recently took more than 250 exporters, small business owners, and entrepreneurs on a virtual expedition to learn about international markets via a free webinar that explored opportunities in the export market.

NDB Bank Shareek wins Bronze at IFFSA Awards

NDB Shareek Islamic Banking Unit was recognised with the Bronze Award for window/unit of the year 2021/2022 at the much celebrated Islamic Finance Forum of South Asia (IFFSA) Awards held recently at Shangri-La Hotel Colombo.

99x helps Sweden-based CarCare to scale within Scandinavian automotive industry

Technology company 99x, with its local product engineering expertise, has helped the Swedish startup CarCare to scale up within the Scandinavian automotive industry to become a market leader in lead-time management.

Lanka Hospitals Reaches Milestone of 1,500 IVF Baby Deliveries

Lanka Hospitals, the internationally-accredited multiple award-winning healthcare provider has reached a milestone with the delivery of the 1,500th IVF baby. Lanka Hospitals’ Fertility Centre made the announcement at an event to mark the occasion recently.

Hayleys Wins Overall Excellence in Corporate Reporting at CA Sri Lanka’s TAGS Awards 2022

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) celebrated excellence in corporate reporting at the TAGS Awards 2022 on Tuesday by honouring leading corporates, multinationals, small entities, and non-profit organisations for producing insightful and transparent annual reports amidst increasing expectations from multiple stakeholders, including investors.

HNB, Caritas Initiates ‘Season of Giving’ Donation Campaign via SOO App

HNB PLC, launched the ‘Season of Giving’ donation campaign on its premier digital payment app SOLO, to support Caritas Sri Lanka.

Ceyline Maritime wins Most Outstanding SME Exporter at 30th NCE Export Awards

The 30th NCE Export Award was concluded at Shangri La Hotel Colombo and Ceyline Maritime Services (Pvt) Ltd won the Most Outstanding SME Export award and received the Late Patrick Amarasinghe Challenge Trophy..

HNB Finance reappoints Brahmanage Premalal to Board of Directors

HNB Finance PLC (HNBF) recently announced the reappointment of Brahmanage Premalal to the company’s Board of Directors as a Non-Independent, Non-Executive Director effective from November 29, 2022.

ComBank named ‘Strongest Bank in Sri Lanka in 2022’ by Asian Banker

The Commercial Bank of Ceylon has been proclaimed the ‘Strongest Bank in Sri Lanka’ in 2022 by Asian Banker, a leading platform in the Banking and Financial Services industry. .

NDB Ranked 12th at Business Today Top 40; Moves Up By 9 Ranks

National Development Bank PLC secured the 12th position at the Business Today top 40 corporates ranking published recently for 2021-2022. NDB impressively moved 9 ranks up from its previous ranking of 21 for 2020-2021.

ComBank introduces digital receipts for CRM and ATM withdrawals

The Commercial Bank of Ceylon has introduced digital receipts for ATM transactions, another green banking initiative that is not only environment friendly, but enhances convenience to customers ,cuts down on transaction charges and reduces paper wastage.

HNB Finance Hosts Social Experiment to Mark World Tourism Day

HNB Finance PLC recently celebrated World Tourism Day recently with a social experiment to find out how hospitable Sri Lankans are to tourists in distress, which is probably a first-of-its-kind in the region.

ComBank raises Rs 10 bn. after debenture oversubscribed on opening day

The Commercial Bank of Ceylon has announced that its Rs 10 billion debenture issue closed within hours of opening after it was oversubscribed on opening day, Thursday 1st December 2022, in a noteworthy vote of confidence from investors.

Standard Chartered to support Sri Lanka Economic Summit 2022 as Platinum Sponsor

Standard Chartered Sri Lanka has partnered with the Ceylon Chamber of Commerce as the Platinum Sponsor for the upcoming Sri Lanka Economic Summit 2022, scheduled to be held on 5 and 6 December, at the Shangri-La Hotel, Colombo.

SLASSCOM RPA conference ‘Digital Genesis Reloaded’ on 6-8 Dec

Robotic Process Automation (RPA) technology is the next frontier for businesses looking to streamline processes, increase productivity and ultimately improve the bottom-line.

HNB launches exclusive seasonal offers for cardholders to ‘Shop with Joy’

HNB PLC launched a bonanza of exclusive deals for debit and credit card-holders to ‘Shop with Joy’ during the upcoming festive season.

ComBank opens branch in Kirillawala

The Commercial Bank of Ceylon recently opened its 269th branch in Kirillawala, a rapidly developing, verdant town known for its abundance of namesake kirilla trees and agricultural produce.

Hapag Lloyd Lanka and Aitken Spence Travels boost tourism through luxury cruise ‘Mein Schiff 5’

Boosting the revival of the tourism industry in Sri Lanka, Hapag Lloyd Lanka ushers in super luxury cruise ‘Mein Schiff 5’ on the 29th of November at the Port of Colombo and the cruise will be calling the Port of Hambantota on the 30th of November 2022.

January 02, 2023

99x supports Yarl Geek Challenge for 8th consecutive year

Leading Norwegian technology company 99x has partnered with Yarl Geek Challenge, the flagship event of Yarl IT Hub (YIT), for the eighth consecutive year. The annual competition invites young minds to tackle some of the world’s most challenging problems with technology.

HNBA Group Records Impressive Third Quarter Performance

HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) reported a consolidated Gross Written Premium (GWP) of Rs. 11.3 billion marking a steady growth of 26 percent and a consolidated Profit After Tax (PAT) of Rs 1.5 billion marking a growth of 228 percent during the nine months ended 30th September 2022 compared to the comparative period last year.

Dankotuwa Group shines with commendable performance

Dankotuwa Porcelain PLC yesterday announced commendable performance in the second quarter and first half amidst a highly volatile business environment. For the quarter ended 30 September 2022, Dankotuwa Porcelain PLC as a Group (which includes its subsidiary Royal Fernwood Porcelain) recorded a revenue of Rs. 1.42 billion, which was a 69% growth compared to the 2nd quarter of 2021/2022.

Nestlé Lanka reaffirms commitment to Sri Lanka with fresh investment of over Rs. 2 b

Nestlé Lanka recently reaffirmed its commitment towards Sri Lanka by investing over Rs. 2 billion in its state-of-the-art factory in Kurunegala by building a new Vacuum Band Dryer.Aimed at expanding the capacity of its manufacturing facility for malted food, this investment further strengthens the company’s efforts of positively impacting Sri Lanka and its people.

Dankotuwa Group shines with commendable performance

Dankotuwa Porcelain PLC yesterday announced commendable performance in the second quarter and first half amidst a highly volatile business environment.

Hayleys Fabric surpasses global giants to win new Sustainable Impact Award at International Quality Awards 2022 – UK

Hayleys Fabric set a global benchmark in sustainability, bagging the coveted Sustainability Impact Award at the recently concluded International Quality Awards (IQA) 2022 held in London.

NDB crowned “Best Bank in Sri Lanka” by top 3 awarding bodies

NDB Bank was recently named the Best Bank in Sri Lanka for 2022 by Euromoney, in addition to being named “The Best Bank in Sri Lanka” by Global Finance of USA for 2022 and 2021 consecutively. The bank also won “Bank of the Year 2020” by The Banker, UK thus achieving the rare feat of securing the endorsement of the top three awarders in the banking industry – the Triple Crown in banking, it said in a media release.

Aqua Dynamics among Lanka’s 50 Best Workplaces

Aqua Dynamics, one of the versatile action sports leaders in the leisure sector, was recently ranked among 50 Best Workplaces in Sri Lanka for 2022, a list compiled by the global authority and pioneer in evaluating workplace cultures, Great Place to Work Institute.

99x achieves Great Place to Work Legend status

Leading Sri Lankan technology company 99x was recently awarded the Great Place to Work (GPTW) Legend status by the Great Place to Work Institute, following its achievements for the 10th consecutive year.

DFCC Bank launches initiative to attract remittances

The Bank for Everyone, DFCC Bank, has recently launched a special marketing drive and scheme to attract Foreign Inward Remittances. Looking to support the nation at this challenging time, DFCC Bank is offering an additional

Hayleys Aventura introduces Eco-One to battle pollution

Hayleys Aventura has introduced Eco-One, an innovative product developed in the USA to help manufacturers mitigate pollution caused by the disposal of plastics, polythene and rubber – one of Sri Lanka’s most pressing environmental challenges.

HNB launches agri program in the Central Province

Private sector bank HNB PLC launched ‘HNB SaruGeWatte’, a campaign aimed at setting up new marketplaces for rural farmers in urban areas while promoting home gardening in urban areas across the Central Province.

ComBank wins coveted double at Asiamoney Banking awards

Commercial Bank of Ceylon has won two coveted international awards – Best Bank for Small and Medium Enterprise (SME) Banking and Best Bank for Environmental, Social and Governance (ESG), at the latest awards event of the respected Asiamoney magazine.